Terafab AI Compute Bet & Tesla-SpaceX Synergy

Tesla and SpaceX commit $16.8B to Texas chip fab (Terafab), with total project cost up to $119B. New analysis projects $420.55 fair value. SpaceX will consume 3x more compute than Optimus. Merger speculation intensifies with Musk's $1T pay clause and Ark Invest prediction of merger by 2026. BNP Paribas warns of $216B SpaceX cash burn. Starlink integration in Cybercab and all future cars reinforces cross-venture narrative.